Business Incentives and Financing

BRIDGE Fund:  Financial assistance is available to new Queen Anne's County businesses in the form of loans and performance grants. Projects must create five or more new full time jobs with a minimum capital investment of $200,000. The maximum amount available for a single project is $750,000. Funds can be used for real estate, machinery, infrastructure and working capital costs.
EDIF Fund:  Financial assistance is available to expanding Queen Anne's County businesses in the form of loans and performance grants. Projects must create at least three new full time jobs. There is no minimum investment requirement. The maximum amount available for a single project is $400,000. Funds can be used for real estate, machinery and infrastructure costs.
Queen Anne's County Revolving Loan Fund:  New and expanding businesses are eligible for low interest loans from the County's revolving loan fund. The fund works in concert with the local SCORE chapter which provides loan recipients with business planning and advisement before and after loans are awarded.
Commercial Real Property Tax Credit:  Businesses that invest $25,000 or more in real property improvements and create at least twelve new full time jobs within two years of the investment receive a four year property tax credit against the new property taxes generated by the project. The credit amount is 80% (Year 1), 60% (Year 2), 40% (Year 3) and 20% (Year 4)
Property Assessed Clean Energy (PACE):  Queen Anne's County is one of three Maryland counties that participate in the PACE program which allows property owners to access competitive financing for energy efficiency and clean energy improvements to their buildings. These investments are then repaid through an additional surcharge on the annual property tax bill.

Commercial Property Assessed Clean Energy